Unearned Rent Revenue is
A. a revenue account.
B. reported as a current liability.
C. a contra account to Rent Revenue.
D. debited when rent is received in advance.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Unearned Rent Revenue is A. a revenue account. B. reported as a current liability. C. a contra account to Rent Revenue. D. debited when ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A sales training firm wants feedback on the quality of its classes and training services. The firm planned to send mail surveys to CEOs of its client companies to get the needed information.
Answers (1)
The gain on sale of equipment is deducted from net income to arrive at operating cash flows because a. the sale of long-term assets is an operating activity. b. the gain reveals the total cash received. c.
Answers (1)
Pursuant to plan of reorganization adopted in the curren year, newman corporation exchanged property with an adjusted basis of 80,000 for 5,000 shares of jabot corporation stock.
Answers (1)
The Rockmart Construction Company delivers dirt and stone from local quarries to its construction sites. A new truck that was purchased for a cost of $117,000 at the beginning of the year was expected to deliver 200,000 tons over its useful life.
Answers (1)
10 mangerials role in orgniztion
Answers (1)
New Questions in Business
Headings in reports that describe the content of the section and may even give a conclusion about the section are called:
Answers (1)
Coronado Company purchased land for $80,000. The company also paid $12,000 in accrued taxes on the property, incurred $5,000 to remove an old building, and received $2,000 from the salvage of the old building.
Answers (1)
Trueview video ads can be especially effective for driving what goals?
Answers (1)
There are three factors that can affect the shape of the Treasury yield curve (r*t, IP_t, and MRP_t) and five factors that can affect the shape of the corporate yield curve (r*t, IP_t, MRPt, DRP_t, and LP_t).
Answers (1)
Alyson is an employee at Who'd of Thunk It Games, a company that was just purchased by a competitor. The goals set forth by the new management team are extremely ambitious and are placing seemingly insurmountable goals for the employees.
Answers (1)